Del Monte Corporation (DMC) reported second-quarter fiscal 2026 net sales of $1.219 billion for the period ended June 26, 2026. Net income attributable to Del Monte Corporation was $21.2 million, and diluted earnings per share were $0.44.
The company said higher prepared foods sales following the March 2026 acquisition of Del Monte Foods drove the revenue increase. Results also reflected lower sales in fresh and value-added products and bananas, the prior divestiture of Mann Packing, and higher asset impairment and other charges.
- Net sales were $1.219 billion, compared with $1.183 billion a year earlier.
- Net income attributable to Del Monte Corporation was $21.2 million, compared with $56.8 million in the prior-year quarter.
- Diluted EPS was $0.44, while adjusted diluted EPS was $0.72.
- Prepared foods net sales were $236.1 million, supported by the Del Monte Foods acquisition.
- Long-term debt increased to $414.6 million at quarter-end from $173.0 million at the end of 2025.
- The board declared a quarterly cash dividend of $0.30 per share, payable Sept. 4, 2026.
- The company repurchased 465,213 shares for $16.0 million during the quarter.
$FDP Insider Trading Activity
$FDP insiders have traded $FDP stock on the open market 24 times in the past 6 months. Of those trades, 1 have been purchases and 23 have been sales.
Here’s a breakdown of recent trading of $FDP stock by insiders over the last 6 months:
- MOHAMMED ABBAS (President & COO) has made 0 purchases and 4 sales selling 8,967 shares for an estimated $381,829.
- EFFIE D SILVA (SVP, General Counsel & Secy) has made 0 purchases and 5 sales selling 8,616 shares for an estimated $363,162.
- MONICA VICENTE (SVP, Chief Financial Officer) has made 0 purchases and 4 sales selling 3,384 shares for an estimated $144,217.
- MARISSA R TENAZAS (SVP, CHRO) has made 0 purchases and 3 sales selling 3,015 shares for an estimated $125,507.
- AHMAD ABU-GHAZALEH purchased 4,000 shares for an estimated $117,620
- REYES JORGE PELAEZ (SVP, Central America) sold 2,622 shares for an estimated $87,026
- ZIAD NABULSI (SVP, North American Operations) has made 0 purchases and 4 sales selling 1,728 shares for an estimated $73,304.
- DANNY DUMAS (SVP, NA Sales, Mkt & Prd Mgmt) has made 0 purchases and 2 sales selling 818 shares for an estimated $34,585.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$FDP Hedge Fund Activity
We have seen 99 institutional investors add shares of $FDP stock to their portfolio, and 106 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- EURIZON CAPITAL SGR S.P.A. added 375,226 shares (+inf%) to their portfolio in Q1 2026, for an estimated $15,106,598
- HENNESSY ADVISORS INC removed 239,945 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $7,011,192
- WASATCH ADVISORS LP removed 227,657 shares (-16.4%) from their portfolio in Q2 2026, for an estimated $6,652,137
- QUBE RESEARCH & TECHNOLOGIES LTD added 207,094 shares (+104.7%) to their portfolio in Q1 2026, for an estimated $8,337,604
- AMERICAN CENTURY COMPANIES INC added 194,071 shares (+13.5%) to their portfolio in Q1 2026, for an estimated $7,813,298
- FRANKLIN RESOURCES INC added 189,629 shares (+658.3%) to their portfolio in Q1 2026, for an estimated $7,634,463
- MILLENNIUM MANAGEMENT LLC added 150,694 shares (+210.4%) to their portfolio in Q1 2026, for an estimated $6,066,940
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
